Reddit, Gross Profit Margin from 2010 to 2024

RDDT Stock   140.69  0.65  0.46%   
Reddit, Gross Profit Margin yearly trend continues to be comparatively stable with very little volatility. Gross Profit Margin will likely drop to 0.66 in 2024. From the period from 2010 to 2024, Reddit, Gross Profit Margin quarterly data regression had r-value of  0.23 and coefficient of variation of  6.34. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.8619316
Current Value
0.66
Quarterly Volatility
0.04889269
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Reddit, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reddit,'s main balance sheet or income statement drivers, such as Tax Provision of 4 M, Depreciation And Amortization of 7.3 M or Selling General Administrative of 136.6 M, as well as many indicators such as Price To Sales Ratio of 6.61, Dividend Yield of 0.0 or PTB Ratio of 3.03. Reddit, financial statements analysis is a perfect complement when working with Reddit, Valuation or Volatility modules.
  
Check out the analysis of Reddit, Correlation against competitors.
For more information on how to buy Reddit, Stock please use our How to Invest in Reddit, guide.

Latest Reddit,'s Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of Reddit, over the last few years. It is Reddit,'s Gross Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reddit,'s overall financial position and show how it may be relating to other accounts over time.
Gross Profit Margin10 Years Trend
Pretty Stable
   Gross Profit Margin   
       Timeline  

Reddit, Gross Profit Margin Regression Statistics

Arithmetic Mean0.77
Geometric Mean0.77
Coefficient Of Variation6.34
Mean Deviation0.03
Median0.76
Standard Deviation0.05
Sample Variance0
Range0.2019
R-Value0.23
Mean Square Error0
R-Squared0.05
Significance0.42
Slope0
Total Sum of Squares0.03

Reddit, Gross Profit Margin History

2024 0.66
2023 0.86
2022 0.84
2021 0.85

About Reddit, Financial Statements

Reddit, shareholders use historical fundamental indicators, such as Gross Profit Margin, to determine how well the company is positioned to perform in the future. Although Reddit, investors may analyze each financial statement separately, they are all interrelated. The changes in Reddit,'s assets and liabilities, for example, are also reflected in the revenues and expenses on on Reddit,'s income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit Margin 0.86  0.66 

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Additional Tools for Reddit, Stock Analysis

When running Reddit,'s price analysis, check to measure Reddit,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reddit, is operating at the current time. Most of Reddit,'s value examination focuses on studying past and present price action to predict the probability of Reddit,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reddit,'s price. Additionally, you may evaluate how the addition of Reddit, to your portfolios can decrease your overall portfolio volatility.